HB 3405 - Corporate Tax Increase - Oregon Key Vote
Sherrie Sprenger voted Nay (Passage) on this Legislation.
Timeline
- Executive Signed
- July 20, 2009
- Senate Bill Passed
- June 11, 2009
- House Bill Passed
- June 9, 2009
- Introduced
- March 12, 2009
Related Issues
Stage Details
Title: Corporate Tax Increase
Signed by Governor Ted Kulongoski
Title: Corporate Tax Increase
Vote Smart's Synopsis:
Vote to pass a bill that increases the corporate income tax by brackets on all Oregon businesses.
Highlights:
-Raises minimum taxation level to $150 for businesses making less than $500,000 (Sec. 1). -Increases corporate taxes in Oregon to six and six-tenths percent of the first $250,000 of taxable income and seven and nine-tenths percent of any amount of taxable income over $250,000 (Sec. 5). -Raises the minimum taxation levels for all corporate income brackets (Sec. 1).
Title: Corporate Tax Increase
Vote Smart's Synopsis:
Vote to pass a bill that increases the corporate income tax brackets on all Oregon businesses.
Highlights:
-Raises the minimum taxation levels for all corporate income brackets (Sec. 1). -Raises minimum taxation level to $150 for businesses making less than $500,000 (Sec. 1). -Increases corporate taxes in Oregon to six and six-tenths percent of the first $250,000 of taxable income and seven and nine-tenths percent of any amount of taxable income over $250,000 (Sec. 5). -Takes effect 91 days after the conclusion of the regular session of the seventy-fifth Legislative Assembly (Sec. 20).
Title: Corporate Tax Increase
Committee Sponsors
- House Committee On Revenue (Sponsor)